CTHRepealedAct
Australian Securities and Investments Commission Act 1989
74Orders in relation to futures contracts
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#### 74 Orders in relation to futures contracts
(1) If paragraph 71(c) applies, the Commission may make one or more of the following:
(a) an order restraining a specified person from disposing of specified futures contracts;
(b) an order restraining a specified person from acquiring specified futures contracts;
(c) an order restraining a specified person from exercising rights under specified futures contracts;
(d) an order requiring a specified person to dispose of specified futures contracts, or to dispose of specified futures contracts in a specified manner.
(2) An order under subsection (1) does not prejudice or affect a right of a futures exchange, or of a clearing house for a futures exchange:
(a) to cause a futures contract to be closed out, or to close out a futures contract, because of a failure to meet a call for a deposit or margin;
(b) to enter into a liquidating trade in order so to cause a futures contract to be closed out, or in order so to close out a futures contract;
(c) to cause to be registered in a person’s name, or to register in a person’s name, a futures contract that was previously registered in another person’s name.
(3) In this section:
> right includes a right enforceable neither at law nor in equity.